Member Info for Adastra

"Gems like LST should be easy to spot, but in fact were so obvious that nobody noticed them."

This will undoubtedly be the comment in 2026.

It's good to see consolidation at present with sells being mopped up in bigger units. A lot of stale holders have gone and been replaced by new holders who can see the transformation in motion here. The staircase effect should continue with the next (positive) RNS and the company are good at keeping shareholders updated. With three very active divisions the flow is regular and constant. BoD and management hold lots of shares but they're tightly held which amplifier the upswing on good news. Patience should lead to increasing rewards. Solid.

The dips are necessary to consolidate at each higher level but it also exposes LST to an opportunistic bid given the big increase in the order books and projects under way. The big real estate companies that PFP are working for could be the very ones eying it up. FTSE builders are looking for growth avenues and the PFP division hits all the right notes. Hopefully we'll continue the upswing and then the MCap will at least start to reflect what's happening on the ground. Watch this space.

MMs dip let the hoards in.....now we can continue the ascent and volume bounce back. Onward and upward as stale sellers cash in and buyers pile in.

Agreed. Didn't think we'd revisit this level given the big increase in contracts across the three divisions. I suppose you'll get those who want to crystallise their gain before Christmas but I expect the big jump up will come fairly soon anyway. Preliminary contracts with (at least) two big real estate companies bodes well for PFP. The upside given the minimal Capex required and ability to quickly scale is significant. The demand to address flammable cladding issues is high up the government agenda so should come sooner rather than later. Given the small MCap here, one has to expect volatility but the pendulum swings quickly on good news. Happy to be patient and great entry point before we see 10p imo. Too much going on here for the RNS feed to stay silent for long.

Https://www.pbctoday.co.uk/news/building-control-news/50-year-lifespan-confirmed-injecta-passive-fire-barrier/154368/

That's better!

If you need convincing about the truly transformational possibilities within PFP then watch this and do the deep research on LST.

https://www.pbctoday.co.uk/news/building-control-news/50-year-lifespan-confirmed-injecta-passive-fire-barrier/154368/#:~:text=Injecta%20Fire%20Barrier%20has%20confirmed,extra%20time%20for%20safe%20evacuation.

It makes the 3 divisions complete.

I'm convinced that the PFP division will provide the big uplift here. It's working with some major estate holders in Birmingham, Southampton and Manchester. Once these initial projects have shown their ease and VFM I expect significant traction. The government is committed to resolving the 'cladding issue' and LST Injectaclad is quick, easy to inject and minimally invasive meaning there are no additional structural issues. It really is a no-brainer for the building owners given the cost of alternatives and the certificated and validated product. Fire certified for 50 years is a perfect reason to choose LST.

And the PFP division has a last quoted pipeline of £28m.

That's a £73m quoted pipeline WITHOUT CEM pipeline....

and an MCap of below £20m.

Three divisions in high growth industries and must have credentials. This has to start breaking into the 10p plus territory soon as its a 'sitter' at this level imo.

3 legs all trading strongly in high growth fields with invested, prudent and competent management. Excellent order book and still with ridiculously low MCap.

OK.....consolidated now at mid 6.05. Time to resume a slight ascent before the next excellent RNS (from PFP?)

The contracts relate to two projects, in Manchester and Birmingham respectively, and address the remediation of a hotel operated by a prominent multinational chain, and a school building for a leading UK construction company. Importantly, there is significant potential to increase the scope of both of the relationships with a large number of additional buildings within the respective new clients' portfolios.

Yesterday's news on RNS. Next will be from PFP Injecaclad IMO and 'significant' looking at real estate companies they are first-moving with.

Next RNS should be from PFP division as it rolls out contracts. Fro Simon Deacon's latest report......

Since launching in November 2023. In that time, it has delivered work on 16 buildings, secured £3.2 million in orders and built a quoted pipeline of approximately £28 million. With active projects in Manchester, Southampton and Birmingham, the PFP division is well positioned to capitalise on rising demand as the Building Safety Regulator addresses the well-publicised industry backlogs.

The PFP division is primed for rapid and sustained growth.

Ascent taking a breath before recovering it's climb in short order. Temporary consolidation gives new investors time to do the research and get on board. It also allows holders to reaffirm why they are here and why we continue to strongly hold. Management are significant holders and their views are totally aligned with ours. Solid and growing stock with competent and seasoned BoD.

Very sticky shares as holders cling for bigger things and management holds the lions share.

The traction here is gaining strength as the evidence of transformational growth emanates from all three divisions. This is putting its head firmly above the radar on so many platforms. That's great for the future here but also brings it into the sites of covetous bigger organisations who eould want to absorb this cutting edge tech as it upswings into sustained and increasing profit. Expect incoming???

Great to see AgTech and CEM joining Fire-Barrier Injectaclad joining the newsflow as all three legs of this company perform. It really is a super little growth opportunity with plenty of time to join the journey and buy in as the story unfolds. This is certainly no one trick pony. Each one of the three constituent businesses in a high growth field and ramping up with contracts. Solid with an excellent, seasoned and heavily invested management.

I was fortunate enough to get on board here at the nadir having spent a lot of time on in depth research. For those doing the same now there are still plenty of reasons to research and take a stake. The CEM division was previously the earnings leader which dipped and is now re-emerging strongly as UK onshoring from Far Eastern suppliers is becoming preferable for UK manufacturers working just-in-time systems. AgTech has signed impressive partnerships and is spreading it's wings globally now. A strong plus point is that the CEM division provides the bespoke electronics for most AgTech IP. Then you look at the elephant in the room which is the addition of Fire-Barrier Injectaclad...... the credentials and validation of a cost-effective fast roll-out solution for clad buildings speaks for itself. Do the research. Look at the potential of the work being currently undertaken with big real estate holders and backing of mortgage providers. I think accumulation is a sensible move as this will soar independently IMO before being taken over by a FTSE mid or major.

I bought in here at 120p as it dipped last month. My research notes had it on watchlist. It looks really good for a rerate as the next figures are due shortly. I liked the look and background here and at Light Science Tech where I also took a chunk. Both are doing well in growing fields where I want p/f exposure. It wouldn't surprise me if LUCE was also interested in LST given two/thirds overlap plus Fire-Barrier Interclad add-on. Strong seasoned management here like LST with good capital control and allocation plus astute acquisitions. Solid.